Allworth Financial LP Sells 73,887 Shares of VictoryShares Core Intermediate Bond ETF $UITB

Allworth Financial LP lowered its stake in shares of VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) by 12.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 510,934 shares of the company’s stock after selling 73,887 shares during the quarter. Allworth Financial LP owned 0.89% of VictoryShares Core Intermediate Bond ETF worth $23,931,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Keystone Financial Group increased its position in VictoryShares Core Intermediate Bond ETF by 3.0% during the third quarter. Keystone Financial Group now owns 9,925 shares of the company’s stock valued at $472,000 after acquiring an additional 291 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 0.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 47,248 shares of the company’s stock worth $2,245,000 after acquiring an additional 301 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 0.3% during the 3rd quarter. Private Advisor Group LLC now owns 90,285 shares of the company’s stock worth $4,290,000 after purchasing an additional 301 shares during the period. Betterment LLC boosted its stake in shares of VictoryShares Core Intermediate Bond ETF by 5.3% during the 4th quarter. Betterment LLC now owns 6,312 shares of the company’s stock worth $299,000 after purchasing an additional 318 shares during the period. Finally, Kestra Private Wealth Services LLC grew its holdings in VictoryShares Core Intermediate Bond ETF by 0.8% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 37,882 shares of the company’s stock valued at $1,800,000 after purchasing an additional 319 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

VictoryShares Core Intermediate Bond ETF stock traded down $0.07 during midday trading on Tuesday, reaching $45.94. The stock had a trading volume of 293,031 shares, compared to its average volume of 171,114. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.90 and a 52-week high of $48.06. The company has a fifty day moving average of $46.27 and a 200 day moving average of $46.74.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a dividend of $0.1612 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

VictoryShares Core Intermediate Bond ETF Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.